Embracing the AI boom through AI ETFs
Asset managers anticipate explosive growth in the AI market
- By: Noushin Ziafati
- May 7, 2024 May 3, 2024
- 13:00
Asset managers anticipate explosive growth in the AI market
Total inflows for Canadian ETFs has hit $19 billion for the year to date
Investor decries lack of communication throughout cease-trade order, and recommends increased due diligence when choosing funds
Fund manager has no assets or insurance, lawyer says
Mutual fund corporations can pass gains to unitholders
Qualified investments review could lead to lower costs for investors but also restrictions
The regulator's investigation into Emerge Canada is ongoing
Compared to public markets, private markets have less transparency and offer less liquidity
Regulated rates of return can provide a margin of safety to investors
A year after an unprecedented cease-trade order, unitholders are still waiting for answers
There are practical steps to take following the Emerge Canada saga
Also, Koyfin data platform now includes Canadian mutual funds
New products, platform allow easy access to the precious metal
An attractive aspect of the momentum factor is that it’s style-agnostic
Firm said the move supports its goal of doubling AUM and increasing market share to 10%
Analysis from Morningstar Direct also found that 2023 was the best year for Canadian sustainable fund performance relative to peers
The rare occurrence can affect eligibility for registered plans, but there’s relief for temporary situations
Fund sales stay negative, while ETF sales hold up and assets rise, IFIC says
Plus, Fidelity launches new all-equity and alt funds, and CIBC adds to CDR lineup
Options include active, passive and factor-based funds
Equity funds led January flows, while cash products remained popular
Unitholders should be cautious when calculating their capital gains or losses
Awards are based on risk-adjusted performance history going back as far as 10 years
Some funds have broadened their mandates as yields take a hit
Plus, NEI partners with Picton Mahoney on alt fund